YONGLE PULLS DOWN CDMA RATE
AsiaInfo Services, August, 2002
AsiaInfo Services 08-05-2002 Yongle Pulls Down CDMA Rate SHANGHAI, Aug 05, 2002 (AsiaPort via COMTEX) -- In this summer, the CDMA market performed nosediving several times. Firstly China Unicom conducted several promotion activities, then the prices of CDMA handsets were lowered below 1,000 Yuan.
This time, the calling rate of CDMA is also lowered to 0.2 Yuan a minute. However, it is not China Unicom or large handset manufacturers that agitate the market, but a electrical appliance company - Shanghai Yongle Household Electrical Appliance Co., Ltd, one of China's leading distributors of household appliances. Two weeks ago, Yongle lowered the price of a CDMA handset model to 800 Yuan and sold 38,000 sets, which also forced the others to lower the price of this...
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